38117 : Questions & Answers

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Jo Ellen Bla…, Real Estate Pro in Memphis, TN
Jo Ellen Bland answered:
How do I find someone who buys houses for investment property? I have seen the signs that say we buy houses for cash but not sure if they are real.
Hi Keith,

If you have been in your house for 11 years you should have some decent equity in it so you may not want to go the route of selling to investors only. It is true it is not ... more
0 votes Share Flag Wed Nov 6, 2013 Home Selling in 38127
Maggie Armst…, Real Estate Pro in Memphis, TN
Maggie Armstrong answered:
Bought investment property in 2005 that we rent out to tenants. Have great credit, positive cash flow and want to refinance this prop. in tn.
Hello, Please give me the address of the property you are concerned with and your contact info and I will be more than happy to let you know the current market value of your home by way ... more
0 votes Share Flag Wed Oct 26, 2011 Financing in Memphis
Marc Oppenhu…, Real Estate Pro in Memphis, TN
Marc Oppenhuizen answered:
I'm looking for a nice 3 br/2bath home, with a garage. For rent in the 38116 zip code. Can you help me? Thanks
sorry i have a 3 1.5 bath with 3 car garage in 38118 zip code if that would interest you
0 votes Share Flag Thu Aug 11, 2011 For rent in Mc Kellar - Whitehaven-Levi PD
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
Need advise! Bought property in 38125 from "Turnkey" outfit 2 yrs ago. Needs new roof already! General ctr can't be found. Should?
Tom,

It sounds like you have had it with your rental experience. Consider treating this as two different problems..First, do you want to continue with rentals. Secondly, you need a n ... more
0 votes Share Flag Thu Aug 11, 2011 Home Selling in 38125
Neal  Masters…, Real Estate Pro in Millington, TN
Neal Masters Crye-Leike Realtors answered:
I am a first time home buyer looking in Memphis and surrounding areas
Do you have a particular part of Memphis that you are looking for. There are many good agents in the area. I do some houses in Memphis, but mostly in Shelby and Tipton county. I would b ... more
0 votes Share Flag Sun Mar 11, 2012 Home Buying in Memphis
Karen Parson…, Real Estate Pro in Laguna Beach, CA
Karen Parsons-Fiddler answered:
If a house cost 12,700 cash how much is it going to cost me in all
Hi Tom,

Are you talking about closing costs? It depends on your loan....the best thing is to talk to your lender who can give you a better answer on this.

Karen
0 votes Share Flag Sun Jul 10, 2011 Home Buying in Memphis
Dp2, Other/Just Looking in Virginia
Dp2 answered:
I have 3 investment prop, one renter, and am current w/all, I can't continue to pay those mortgages and also pay my home, i want out legally-
Some mortgage companies might be willing to work with you, and others simply won't.

Please send me some information about those properties, because I might be interested in buyi ... more
0 votes Share Flag Fri Aug 12, 2011 Home Selling in Memphis
Donna Skaarer, Real Estate Pro in Memphis, TN
Donna Skaarer answered:
if i'm tryin to nsave my house from forclosure whats my options if i'm 4 months behind
Who is your mortgage company? Have discussed a loan modification with them to lower your note? If the mortgage company took TARP funds last year, they are obligatedby law to work with y ... more
0 votes Share Flag Wed Jun 15, 2011 Financing in Memphis
Dp2, Other/Just Looking in Virginia
Dp2 answered:
How's the rental market in Memphis?! Is it a good time to invest in Memphis Multi Family!?
The residential and commercial rental markets in Memphis are interesting, and there's quite a bit of investor activity (both foreign and domestic) there.
0 votes Share Flag Mon Jun 6, 2011 In My Neighborhood in 38119
Trulia VIP D…, Real Estate Pro in Las Vegas, NV
Trulia VIP David Cooper answered:
How can I get a deal on a home that has been listed over a year and the price has never been reduced? They are asking 180,000 and it is a model home.
Did you call the listing agent and asking them why it is still available? Try and get the comparable sales and other listings for a similar house.

David Cooper! Las Vegas Bank Own ... more
0 votes Share Flag Tue Aug 30, 2011 Home Buying in 38109
Hamza Ibrahim, Real Estate Pro in 38139
Hamza Ibrahim answered:
I've been approved for a USDA loan. What areas in Olive Branch MS or Shelby County can I be searching in.?
It all depends on where you would rather be. What price range are you looking for? What area would you like best? How large a home? Bedrooms? If you would like some help in your home se ... more
0 votes Share Flag Tue Feb 26, 2013 Home Buying in Memphis
Deidre Boyd, Real Estate Pro in Memphis, TN
Deidre Boyd answered:
If the average price for Jackson-University Area PD is 189,227 why can I find homes as low as 20,000
The homes which you are finding for $20,000 may be HUD or foreclosure homes. We have several HUD listings in the area and they are wonderful homes for a great price. If you would like t ... more
0 votes Share Flag Tue Jun 12, 2012 Home Buying in Jackson - University Area PD
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I would like to see the Comps to 4464 GailwoodMemphis,Tn.38122,with in a 1-2 mile radius,in the last 6-12 months. Whats the best way to input this
The best, most accurate and up to date comps, will come from agent, therefore ask any local agent...
0 votes Share Flag Tue May 17, 2011 Home Buying in 38122
Marge Bennett, Real Estate Pro in Fort Myers, FL
Marge Bennett answered:
What are 1st lien holder rights when a bank refinanced without clearing the Lien?
you really need to talk with a good real estate attorney who has experience with these things. Any Memphis agents out there who can refer Michelem to a good attorney?
0 votes Share Flag Wed May 18, 2011 Home Buying in Memphis
Renee Farrell, Real Estate Pro in Memphis, TN
Renee Farrell answered:
How much money do you have to put down for a $10,000 dollar home?
It depends on the type of loan you are applying for and different incenitives....
0 votes Share Flag Wed Apr 27, 2011 Home Buying in Memphis
Chris Lefebv…, Real Estate Pro in Methuen, MA
Chris Lefebvre answered:
how can i find a realtor who deals with section 8 housing in memphis ,tn?
Posting on Trulia is a great way to start. Also, try contacting some agents on the "find a pro" page for Memphis.

http://www.trulia.com/voices/directory/Memphis_TN-agent-- ... more
0 votes Share Flag Thu Apr 21, 2011 Moving in Memphis
ToDario Harr…, Real Estate Pro in Memphis, TN
ToDario Harris answered:
I have a HUD contract.I have 15 day from the day it is signed to get an inspection.
First the contract became binding on the date it was executed by HUD. This is when the 15 day period begins. When did they deliver the contract to your agent? Ultimately, you can ask fo ... more
0 votes Share Flag Wed Mar 20, 2013 Foreclosure in Memphis
Shannon Feol, Real Estate Pro in Memphis, TN
Shannon Feol answered:
Is it possible to obtain 30 year mortgage for investment properties for overseas investors?
I do not know of any "banks" that provide mortgages for overseas investors, however I do work with a group that offers private financing for non-USA investors and with flexibl ... more
0 votes Share Flag Wed Apr 6, 2011 Financing in Memphis
Angela Smiley, Real Estate Pro in Memphis, TN
Angela Smiley answered:
I am a first time buyer. I am disabled. I have 500.00 to put down. Do I have a chance of getting a house. My income is about 1500.00 month
Hello MS. Bennett. My name is Angela Smiley and I'm with Keller Williams Realty. I will love to help you find your dream home. If you would call me, I'll be glad to show homes ... more
0 votes Share Flag Wed Mar 23, 2011 Home Buying in Memphis
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